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Flagstar Reports 2007 First Quarter Results
MSN MoneyCentral - Single-family residential first mortgage loans held for investment at March 31, 2007 had an average FICO credit score of 721 and an average original loan-to-value ratio of 73%. Stock Repurchase Plan Through March 31, 2007, Flagstar repurchased
Source: news.moneycentral.msn.com

BlackRock chief warns on leveraged loans
MSN MoneyCentral - Lenders to highly indebted companies are making many of the same mistakes that undermined the US subprime mortgage market, suggesting that leveraged loans will become “tomorrow’s problem”, says the chief executive of BlackRock, the $1,000bn-plus fund
Source: news.moneycentral.msn.com

FHFB Appoints Two Directors to FHLBank Pittsburgh Board
Forbes - FHLBank Pittsburgh provides reliable access to low-cost funds, competitive pricing in the purchase of mortgage loans, correspondent banking services, technical assistance, affordable housing grants and other programs so members can better serve their
Source: www.forbes.com

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